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CIPS L5M15 Exam Syllabus Topics:
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High Pass-Rate New L5M15 Dumps Ppt and Reliable Preparation L5M15 Store & Excellent Advanced Negotiation Pass4sure
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CIPS Advanced Negotiation Sample Questions (Q59-Q64):
NEW QUESTION # 59
What is the primary purpose of a negotiation?
- A. To reach an agreement.
- B. To win.
- C. To get a better price.
- D. To beat the other team.
Answer: A
Explanation:
Negotiation is defined by CIPS as a structured process between two or more parties aiming to reach a mutually acceptable agreement. While improving value or terms is often a goal, the essence of negotiation is achieving agreement, not victory over the other side.
Reference:CIPS L5M15 -Definition and Purpose of Negotiation (Introduction, p.2).
NEW QUESTION # 60
The pain/gain share approach is used to incentivise contractors in long-term contracts to achieve a target cost or extra efficiencies. In which industry is this mechanism most common?
- A. Agriculture
- B. Services
- C. Construction
- D. Finance
Answer: C
Explanation:
Constructionprojects often use pain/gain share mechanisms to align contractor performance with client objectives. They balance risk and reward-sharing savings or overruns based on project outcomes.
Reference:CIPS L5M15 -Contractual Incentives and Risk-Sharing Models (Pain/Gain Share).
NEW QUESTION # 61
To achieve a positive outcome for both parties in a negotiation you should be both honest and open. Is this statement true?
- A. Yes - being both honest and open ensures success.
- B. No - you should not be open with the other party.
- C. Yes - these are the two most important characteristics for a win-win negotiation.
- D. No - you should not be honest with the other party.
Answer: B
Explanation:
CIPS distinguishes betweenhonestyandopenness. Negotiators must always acthonestly(ethical integrity), but openness-disclosing all information-can weaken your position. The key is to balance transparency with confidentiality and strategic discretion.
Reference:CIPS L5M15 -Ethical Negotiation and Information Disclosure (Domain 2.1).
NEW QUESTION # 62
What is meant by thePower Approachto negotiation?
- A. Inequality of power is a barrier to close relationships
- B. Relationships based on power should be discouraged
- C. More relative power means the negotiator can be proactive rather than reactive
- D. Agreements are made on mutual interest
Answer: C
Explanation:
Following Andrew Cox,relative powerstrongly shapes sourcing outcomes;greater buyer (or supplier) powerenables a moreproactivestance in shaping terms and managing the relationship. Power asymmetry does not automatically preclude close relationships.
Reference:CIPS L5M15 - The Power Perspective in Buyer-Supplier Relationships (Domain 2.2).
NEW QUESTION # 63
Which of the following are examples ofreciprocated concessions?Select TWO
- A. Party A offers a larger delivery, and Party B agrees to pay 50% upfront while Party A waives the delivery charge.
- B. Party A agrees a 2% discount and Party B accepts.
- C. Party A walks away, and Party B offers a concession to continue talks.
- D. Party A offers a discount for better payment terms.
Answer: A,D
Explanation:
Reciprocated concessionsoccur when both sides trade something of value-such as exchanging discounts for improved terms. This supports balanced negotiation progress and fosters trust.
Reference:CIPS L5M15 -Concession Management and Reciprocity in Negotiation (Domain 1.2).
NEW QUESTION # 64
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